Tractor Supply Company $TSCO Shares Acquired by Hendershot Investments Inc.

Hendershot Investments Inc. lifted its holdings in Tractor Supply Company (NASDAQ:TSCO) by 10.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,146 shares of the specialty retailer’s stock after buying an additional 17,916 shares during the quarter. Tractor Supply accounts for 1.2% of Hendershot Investments Inc.’s portfolio, making the stock its 26th biggest holding. Hendershot Investments Inc.’s holdings in Tractor Supply were worth $8,614,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Garner Asset Management Corp acquired a new stake in Tractor Supply in the fourth quarter valued at $25,000. Reflection Asset Management acquired a new position in shares of Tractor Supply during the 4th quarter worth $26,000. Aventura Private Wealth LLC purchased a new position in shares of Tractor Supply in the 4th quarter valued at about $27,000. Core Wealth Advisors LLC purchased a new position in shares of Tractor Supply in the 4th quarter valued at about $27,000. Finally, Bayban purchased a new stake in Tractor Supply during the fourth quarter worth about $28,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Tractor Supply Stock Performance

NASDAQ:TSCO opened at $31.76 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The firm has a 50-day moving average price of $31.46 and a two-hundred day moving average price of $43.46. Tractor Supply Company has a twelve month low of $28.36 and a twelve month high of $63.99. The company has a market capitalization of $16.66 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 2.41 and a beta of 0.46.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.04). The business had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the company earned $0.34 EPS. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, research analysts expect that Tractor Supply Company will post 2.11 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were paid a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 3.0%. Tractor Supply’s dividend payout ratio is presently 47.06%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TSCO. Guggenheim restated a “buy” rating and set a $50.00 target price (down from $60.00) on shares of Tractor Supply in a research report on Friday, June 5th. Zacks Research upgraded shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Argus decreased their price target on Tractor Supply from $64.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Robert W. Baird set a $60.00 price target on Tractor Supply and gave the stock an “outperform” rating in a report on Friday, April 17th. Finally, Piper Sandler set a $32.00 price objective on Tractor Supply and gave the company a “neutral” rating in a research note on Tuesday, June 16th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $45.50.

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.